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HKim0072
Zeihan on Geopolitics
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Comments by "HKim0072" (@HKim0072) on "The Chinese Housing Crisis: Evergrande’s Bankruptcy || Peter Zeihan" video.
It's the opposite. There is way more demand for international stuff now. Chinese are flooding Japan and pushing up price.
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I'm sure the Saudis and UAE will be excited to be paid in yuan, so they invest in some lovely Chinese assets / real estate, lol.
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Unfortunately, he's taking a shortcut with the data and butchering it. It's not 1.5B units, but units enough for 1.4B people. And, make assumptions on people per unit or sq meter. BEIJING, Sept 23 (Reuters) - Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the country's crisis-hit property market.
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